Monthly roundup · India · October 2026

Startup funding in India, October 2026: Eloelo's $80M Series C leads 74 rounds

By Millionrounds ResearchPublished 1 November 2026

We read 74 equity rounds raised in India and announced in October 2026, raising $696M between them: 10% of the rounds we read worldwide that month and 1% of the money. The largest was Eloelo's $80M Series C, led by NBCUniversal and Hornbill Capital. The median seed round was $2.1M, against $2.3M over the last twelve months in India; at Series A it was $7.9M. Blume Ventures led the most rounds, with 5.

Equity rounds74raised in India, 71 with an amount
Raised$696Macross those rounds
Lead named86%of rounds say who led
Share of the world10%of rounds; 1% of the money

The biggest rounds

  1. 1EloeloSeries C · led by NBCUniversal, Hornbill Capital$80M
  2. 2EEven HealthcareSeries B · led by Khosla Ventures$50M
  3. 3TTVS Automobile SolutionsSeries D · led by CE Ventures$45M
  4. 4BoldfitSeries B · led by Bharat Value Fund, The Wealth Company Alternates$42M
  5. 5DailyObjectsSeries C · led by Anicut Capital, Xponentia Capital$35M
  6. 6GreenCell MobilityGrowth · led by Impact Fund Denmark (formerly IFU)$35M
  7. 7WhizzoSeries B · led by Aavishkaar Venture Capital, Bertelsmann Investments$26M
  8. 8ScimplifySeries C · led by Hitachi Ventures$25M
  9. 9Navitas SolarGrowth$20M
  10. 10CentSeries A · led by Blume Ventures$15M

Day by day

Equity rounds raised in India and announced each day of October. The busiest day was 27 October, with 11.

1 October31 October

By stage, against the year

Each stage's median this month beside its twelve-month median: India's own where we hold enough rounds for a benchmark, otherwise the worldwide one.

Pre-seed17$1.0Mthis month$2.0M12 months, worldwide
Seed21$2.1Mthis month$2.3M12 months here
Series A16$7.9Mthis month$10M12 months here
Series B11$12Mthis month$50M12 months, worldwide
Series C6$20Mthis month$100M12 months, worldwide
Series D1$45Mthis month$150M12 months, worldwide
Growth2$28Mthis month$113M12 months, worldwide

The most active leads

Firms that led two or more of the month's rounds in India.

In what

AI was the busiest sector in India.

Against the world

  • Rounds, India74
  • Rounds, worldwide733
  • Raised, India$696M
  • Raised, worldwide$59B

The whole of October 2026

Other countries in October

281 roundsUnited States→ 56 roundsUnited Kingdom→ 31 roundsChina→ 25 roundsJapan→ 24 roundsSouth Korea→ 18 roundsCanada→ 17 roundsFrance→